Buss Brad W 4
Research Summary
AI-generated summary
Marvell (MRVL) Director Brad W Buss Receives 1,034 RSU Award
What Happened
- Brad W Buss, a director of Marvell Technology, Inc. (MRVL), was granted 1,034 restricted stock units (RSUs) on 2026-06-25. The award is reported as a derivative acquisition (code A) at $0.00 because RSUs are rights to receive shares upon vesting rather than an immediate cash purchase. The Form 4 covering the grant was filed on 2026-06-29.
Key Details
- Transaction date: 2026-06-25; Filing date: 2026-06-29.
- Grant: 1,034 restricted stock units (RSUs); reported price $0.00 (standard for RSU grants).
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — each RSU is a contingent right to one Marvell share upon vesting; F2 — the RSUs vest in full on the earlier of Marvell’s next annual meeting or the one‑year anniversary of the grant.
- Transaction type: Award/grant (compensation), not an open‑market purchase or sale.
Context
- RSU grants are common director compensation and do not represent an immediate purchase or sale of stock. They only convert to actual shares if and when they vest, so there is no immediate change in market holdings until vesting occurs. This report is informational about future potential share issuance rather than an immediate market transaction.